Visakhapatnam, also known as Vizag, may be a picturesque little coastal city but if all goes according to plan, it could become India’s FinTech hub.

Chief Minister of the Indian state of Andhra Pradesh, Chandrababu Naidu, is no stranger to transforming cities into veritable tech hubs. First Hyderabad, which houses the country’s Google and Facebook headquarters, and now Vizag.

According to Forbes, Naidu, as the chief architect of the FinTech Valley Vizag initiative, hopes to turn the city into a first-rate FinTech ecosystem luring entrepreneurs, businesses, investors, academic organizations and of course, government. Read more...